Which currency did the West African use?

Which currency did the West African use?

West African CFA franc
The West African CFA franc (XOF) is the shared currency of eight independent states in West Africa. The XOF uses both coins and banknotes, with the franc subdivided into 100 centimes. The Central Bank of West African States, located in Dakar, Senegal, regulates the currency.

What is the name of Benin currency?

Benin/Currencies

How many African countries use CFA?

14 countries
The CFA franc zone consists of 14 countries in sub-Saharan Africa, each affiliated with one of two monetary unions.

What is the name of Cameroon money?

Central African CFA franc
Cameroon/Currencies

The currency of Cameroon is the Central African CFA franc. If you’ve spent time in Cameroon or any neighboring countries you’ll be familiar with the CFA franc. The “CFA” part of the name stands for Coopération financière en Afrique centrale (“Financial Cooperation in Central Africa”).

What is the money called in Ivory Coast?

Côte d’Ivoire/Currencies

What is the name of Niger currency?

Niger/Currencies

Which African countries use CFA?

The Central African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XAF) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon.

Does Burundi use the franc?

The currency used in Burundi is the Burundi Franc (BIF). It is divided into 100 centimes. The symbol used for the Burundi Franc is Fbu. Discussions are taking place to replace the Franc in 2015 with the East African Shilling, which forms part of the East African Community.

How much is 1$ in Cameroon?

Convert US Dollar to Central African CFA Franc BEAC

USD XAF
1 USD 584.934 XAF
5 USD 2,924.67 XAF
10 USD 5,849.34 XAF
25 USD 14,623.4 XAF